Cobra Oil & Gas Co. is a publicly traded Oil and Gas exploration company with the twin goals of contributing to American energy independence while growing shareholder value.
From its headquarters in Houston, Texas, the Company is focused on identifying short and long term oil and gas opportunities in proven, domestic energy plays.
Whether it is conventional crude or America's oil sands, Cobra's criteria for project selection are based upon building a secure and abundant US resource base that is profitable to develop.

OIL SANDS

Declining conventional crude discoveries and production, increasing dependence on foreign oil, and high energy prices have combined to make oil sands production a new energy option.

 

OIL SANDS IN AMERICA

The time is right for America to follow Canada's oil sands example and produce those resources found in our own backyard, effectively reducing the nations dependence on foreign oil in the process.

 

LOCATIONS

Cobra's projects are all located in proven American regions with abundant hydrocarbons.
The Company's conventional oil and gas project in Montana is characterized by shorter term drilling and production. The lower risk of this project allows Cobra the advantage of strategically funding its larger, long term oil sands play in Utah.

OIL SANDS PLAYERS

With conventional oil becoming increasingly difficult and expensive to discover and develop. Major industry players continue their diversification into long term oil sands plays.
Meanwhile, nations such as China and India are also investing in the oil sands to secure their energy supply interests.
To day, players from around the globe have primarily invested in Canada's oil sands, which are, according to a moderate growth forecast, predicted to grow from just over 1 million barrels per day (MMBPD) in 2006 to just under 3 MMBPD in 2015, while approaching 4 MMBPD by 2020. 1
The following are just some of today's oil sands players.

 

MOST RECENT NEWS HEADLINES AND HIGHLIGHTS

Cobra Oil & Gas Co: Cohen Independent Research Group Issues Updated Report

HOUSTON, Aug 31, 2009 (BUSINESS WIRE) -- Cobra Oil & Gas Company (NASD OTCBB:CGCA) (hereafter "Cobra") -- An updated research report has been issued on Cobra Oil & Gas Co. by Cohen Independent Research Group, Wall Street's leading independent research firm, building off of July 21, 2009's initial report. The latest report includes Cobra's expansion of its Utah Oil Sands prospect and the addition of additional acreage, equating to a long-term price target of $4.42.

Cobra Oil & Gas Co. Offers Update on Bakken Formation Within Starbuck Prospects

HOUSTON, Aug 25, 2009 (BUSINESS WIRE) -- Cobra Oil & Gas Company (NASD OTCBB: CGCA) (hereafter "Cobra") is pleased to offer an updated property overview on its Starbuck Prospects Bakken formation, located within the Williston Basin in Valley County, Montana. The leases included in the option comprise 82,000 acres within multiple zone shallow gas trends (Judith River and Eagle) and multiple zone deeper oil trends (primarily Mission Canyon, Lodgepole and Bakken).

Cobra Oil & Gas Announces Technical Update On Utah Oil Sands Project

HOUSTON, Aug 24, 2009 (BUSINESS WIRE) -- Cobra Oil & Gas Company (OTCBB:CGCA) (hereafter "Cobra") is pleased to announce that the company has been granted a non-exclusive license to utilize the In-situ Combustion (ISC) for use on the Utah Oil Sands Project. Subject to the terms and conditions of the agreement, Enercor Inc. (Enercor), hereby grants Cobra a non-exclusive, non transferable license to use ISC for the purpose of extracting oil from heavy deposits in which Cobra has a direct contract interest at the time of employment of the ISC technology.

Cobra Oil & Gas acquires 62.5% WI in 640 gross acres in Uintah County, Utah

Aug 14, 2009 (M2 EQUITYBITES via COMTEX) -- Oil and gas exploration and production company Cobra Oil & Gas Co (OTCBB:CGCA) reported on Thursday the completion of an agreement with Enercor Inc to purchase a 62.5% working interest (WI)Acovering a total of 640 gross acres.

DOWNLOAD COMPANY PRESENTATION

 

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Contact CGCA.OB

www.cobraoilgas.com
Address:
Cobra Oil & Gas Company
Uptown Center
2100 North Loop South Suite 400
Houston, TX 77002 United States
Email: ir@cobraoilgas.com
Phone: 832-476-8941

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